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Case Status:    ONGOING    
On or around 07/22/2020 (Date of last review)

Filing Date: December 27, 2019

According to the Complaint, Pattern Energy Group Inc. is an independent power company.

Plaintiff brings this class action on behalf of the public stockholders of Pattern Energy Group Inc. against Pattern’s Board of Directors for their violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, arising out of the Board’s attempt to merge Pattern into Defendant Canada Pension Plan Investment Board, cashing out all of the common stock of Pattern and delisting Pattern from the NASDAQ.

The Complaint alleges that on December 13, 2019, Defendants caused a materially incomplete and misleading preliminary proxy statement to be filed with the United States Securities and Exchange Commission.

This case was voluntarily dismissed on March 11, 2020. A related case continues under Docket 20-CV-00275.

On March 23, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated amended Complaint on May 22.

COMPANY INFORMATION:

Sector: Utilities
Industry: Electric Utilities
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: PEGI
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Delaware
DOCKET #: 19-CV-02360
JUDGE: Hon. Maryellen Noreika
DATE FILED: 12/27/2019
CLASS PERIOD START: 11/04/2019
CLASS PERIOD END: 12/27/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. Rowley Law PLLC
No Document Title Filing Date
COURT: D. Delaware
DOCKET #: 20-CV-00275
JUDGE: Hon. Maryellen Noreika
DATE FILED: 05/22/2020
CLASS PERIOD START: 11/04/2019
CLASS PERIOD END: 02/25/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Entwistle & Cappucci LLP (Austin 2020)
  2. Farnan LLP
  3. Fields Kupka & Shukurov LLP
  4. Susman Godfrey LLP
No Document Title Filing Date
—Related District Court Filings Data is not available